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NEM - Potential Profit 4.47% - Ascending Triangle
Newmont Corporation
Long
NEM - Potential Profit 4.47% - Ascending Triangle
By maschera
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Updated
Aug 5, 2020
6
Aug 4, 2020
2-month support established and confirmed multiple times in an uptrend corridor. Ascending Triangle formed within, just broken out.
- 6-month Uptrend and All-time High
- RSI + Stoch well above 50
- MACD below Signal.
Suggested Entry $69.50
Suggested Stop Loss $214.69
Target price $72.64
Aug 5, 2020
Trade closed manually
2.24% profit
Chart Patterns
Technical Indicators
NEM
nemlong
swingtrade
swingtrader
swingtradesetups
tradesetup
tradesetups
Trend Analysis
maschera
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